DOCSLIB.ORG

CEO's Overview of GROUP OPERATIONS

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
CEO's Overview of GROUP OPERATIONS 30 Singapore Press Holdings annual report 2011 31 CEO’s overview OF GROUP OPERATIONS 30 Singapore Press Holdings annual report 2011 31 Despite an uncertain economic NEWSPAPERS climate and a fast-changing The Group’s print media held its ground against increased media landscape, SPH’s core competition from various new media platforms, with total business remained resilient newspaper circulation averaging 981,339 copies per day, only a slight year-on-year decline of 0.2 per cent. for FY 2011. SPH’s newspapers performed well during the General Elections period, when total daily sales averaged The Group’s net profit was 1,037,000 copies, an increase of 71,000 copies. $389 million. Its revenue from Shin Min Daily News, in particular, scored a record high of 186,000 copies on Election Results Day. the Newspaper and Magazine segment grew year-on-year by The Straits Times held its position as the best-read paper in Singapore with a daily readership of 1.4 million, $39 million (4 per cent) according to the Nielsen Media Index 2010 survey. to $1,013 million. Aided by a subscription drive, the Group’s flagship registered a year-on-year growth of 0.6 per cent to 354,654 copies. It also launched its iPad application as Print advertisement revenue well as a monthly newsletter for subscribers. rose by $42 million (5.7 per Lianhe Zaobao continued to establish its reputation as an authoritative source and insightful voice of information cent), boosted by strong display and opinions for Chinese communities at home and advertisement sales. abroad. Mr Goh Sin Teck became its new editor after former editor Mr Lim Jim Koon retired from the post to become its editorial advisor. The New Paper remained the second best-read paid English daily in Singapore (Nielsen Media Index 2010). More significantly, it was the top choice for young readers in the 15 to 29 age group, and the second most popular newspaper with advertisers (Marketing Magazine). The paper’s revamped website was launched in April 2011. 32 Singapore Press Holdings annual report 2011 33 CEO’s overview OF GROUP OPERATIONS NEWSPAPERS The Business Times secured its position as Singapore’s The Central Integrated Newsroom of Shin Min Daily News best-read business daily (Nielsen Media Index 2010). and Lianhe Wanbao launched Victory Trail, a tabloid-size The paper kept up its busy schedule of events including horse racing guide in November 2010. The bilingual guide the Singapore Business Awards and Singapore became a must-read for all race goers. Corporate Awards to promote excellence in the business community. Thumbs Up Junior, a fortnightly Chinese publication for primary one and two students, was launched in Berita Harian continued to actively engage its community March 2011, adding to the existing portfolio of student through various activities. In March, the paper’s student newspapers comprising zbCOMMA and Thumbs Up. media club, Kelab Obor, celebrated its fifth anniversary. The print Classifieds business also saw a leap forward, Tamil Murasu celebrated its 75th anniversary with a new with the installation of a new Classified Advertisements look. The paper sold a record 29,300 copies on May 14, Sales Hub (CASH), which allowed the CATS call-centre 2011, the highest in its history. Mr Jawharilal Rajendran sales representatives to book advertisements in English, took over the helm from Ms Nirmala Murugaian as the Chinese and Malay. This opened up opportunities to Tamil daily’s editor in June this year. sell advertisements across different SPH publications, and enhanced the efficiency for CATS Classified, tabla!, the free English weekly launched by Tamil Murasu which handles about three million advertisements Ltd for the Indian community in Singapore, saw growth in every year. both readership and advertising revenue. The paper has a weekly readership of about 120,000, via its 30,000 print We also launched the SPH Media Widget, an interactive copies and website. virtual tool for advertisers and advertising agencies to download onto their computer desktop so that they can My Paper’s bilingual readership jumped in FY 2010 to easily access SPH’s extensive suite of cross-media products 345,000, up from 320,000 the previous year. The paper and services when they plan for their ad campaigns. launched its Facebook page to interact with readers. In April, the free compact paper held its fourth My Paper Executive Look contest, attracting 530 applicants including investment bankers, lawyers and doctors. Lianhe Wanbao enjoyed a strong following for its entertainment and health coverage. Product branding events such as the Lianhe Wanbao Beauty & Healthcare Fair and the Singapore Entertainment Awards were well received by readers. The daily readership of our other evening newspaper, Shin Min Daily News, soared to 451,000, driven by its winning combination of human-interest stories, sports, soccer, racing coverage, plus food and lifestyle features that appealed to its heartland readers. Shin Min also organised its signature events including the popular Shin Min Fun Drive and Shin Min City Hawker Food Hunt to engage readers. 32 Singapore Press Holdings annual report 2011 33 34 Singapore Press Holdings annual report 2011 CEO’s overview OF GROUP OPERATIONS 35 magazine combined the essence of the Chinese quarterly MAGAZINES magazine with its own unique content covering a wide range of health and wellness topics, including western and eastern healthcare practices. The Nielsen Media Index 2010 placed Her World, Female, Home & Décor and Men’s Health at the top of Chinese entertainment magazine UW (U-Weekly) their respective product categories. Her World further celebrated its 10th anniversary with a compact sized new extended its reach and is now read by nearly a quarter of look and punchy content. a million readers every month. ZbBz, the luxury magazine for bilingual elites, maintained Home & Décor also launched its inaugural annual robust advertising revenue growth while delivering high supplement, Renovate, to great reception from readers quality journalism in its second year in the market. and advertisers alike. Two spin-off titles which were formerly released annually - The Peak Domain and ICON Weddings - became biannuals. NEWSPAPER SERVICES SPH Magazines continued to extend its online presence by making strategic investments to boost its regional Our print products continued to win international footprint. It acquired a 34 per cent stake in Antarctica recognition for its print quality. SPH won awards for all of Interactive Private Limited, the holding company of the its three entries to the International Color Quality Club. Luxury Insider Group. The Group owns online properties, The awards reaffirmed the quality standards achieved by Luxury-Insider.com and Inluxe.cn; luxury magazine our three printing presses, the Colorliner, KBA and UNISET. Baccarat published in Hong Kong; as well as ULTIMA magazine, a custom title for Citibank’s high net worth The upgrading and renewal project at Print Centre clients. was completed in July 2011, covering the three key components including the colour upgrade, control renewal In addition, popular forum-based IT website, and computer-to-plate systems. The UNISET press, www.hardwarezone.com, rolled out its new platform to which has been optimised to print commercial publications, Malaysia and Philippines, providing localised content to completed more than 250 print jobs of various formats and reach high growth markets as Internet access continued sizes, with pagination ranging from four to 64 pages, to grow significantly in Southeast Asian markets. and print orders ranging from 1,000 to 160,000 copies. HardwareMAG celebrated its 10th anniversary and SPH Buzz Pte Ltd increased its retail footprint to a total of 67 became the first home-grown technology magazine to ‘pods’ over the last five years. These outlets, representing a be made available digitally and on iPad for its local and new generation of newsstands, fulfilled our readers’ appetite foreign audiences. for the latest publications, as well as provided up-to-date news feeds direct from our newsroom via a scrolling LED Another SPH subsidiary, Focus Publishing, also enjoyed display. a fruitful year. Its popular magazine Health No.1 became Singapore’s best-selling Chinese health and lifestyle The Buzz network also evolved into a modern quarterly magazine within a year of its launch. convenience chain by venturing into shopping malls and commercial locations whilst maintaining a foothold Following the success of Health No. 1, Wellness No. 1 at major bus interchanges. A new series of Buzz was launched in February 2011. The English health merchandise has also been successfully launched to further enrich its product offerings. 36 Singapore Press Holdings annual report 2011 CEO’s overview OF GROUP OPERATIONS NEW MEDIA With the proliferation of smartphones and tablet devices in Zaobao.com continued to attract a strong following of the market, development and enhancement of applications Chinese-speaking audiences from around the world. on these platforms became a key focus to cater to the It currently draws 10 million monthly unique visitors and needs of users and advertisers. 100 million monthly page views on average, and has been consistently ranked the most popular print news and One of the major milestones in SPH’s new media media site in Singapore for five years by web-tracking development was the launch of The Straits Times on iPad. service Hitwise. Zaobao.com, in collaboration with The app was an instant hit with readers, garnering more SPH’s Interactive Business Unit, launched eNewstalk, than 126,000 downloads within 24 hours of its launch. an interactive Chinese e-learning platform for schools this year. The launch of the ST iPad and iPhone app not only reached out to more online readers, it also presented a new Bilingual news and entertainment web portal omy.sg opportunity for many advertisers who wanted to see their continued to break new ground in the social media scene campaigns presented on an impactful multimedia platform.
Load more

Recommended publications
  • Singapore Press Holdings Foundation Limited, an Institution of Public Character Established in 2003
    Singapore Press Holdings annual report 2011 BUILDING ON OUR STRENGTHS Singapore Press Holdings Limited 1000 Toa Payoh North News Centre Singapore 318994 www.sph.com.sg Singapore Press Holdings Co. Reg. No. 198402868E annual report 2011 Corporate PROFILE Singapore Press Holdings (SPH) is Southeast Asia’s with NTUC Media. Both channels leverage on the brand leading media organisation, engaging minds and enriching name and resources of our print newsrooms, giving them lives across multiple languages and platforms. that unique edge. We publish 18 newspaper titles in four languages and SPH has a 20 per cent stake in MediaCorp TV Holdings Pte more than 100 periodicals. Every day, 3 million individuals, Ltd, which operates free-to-air channels 5, 8, and Channel or 77 per cent of people above 15 years old, read one U, and a 40 per cent stake in MediaCorp Press Ltd, of our publications. The online editions of our main which publishes the free newspaper, Today. newspapers enjoy over 265 million page views with 18 million unique visitors every month. SPH’s events subsidiary Sphere Exhibits organises innovative consumer and trade events and exhibitions. Our success is built on the long history and rich heritage SPH MediaBoxOffice Pte Ltd (SPHMBO) is the leading Digital of our two flagship newspapers – The Straits Times, Out-of-Home advertising company in Singapore. Its digital the English-language daily and Lianhe Zaobao, the Chinese- network comprises eight large outdoor LED screens at strategic language daily. The other two dailies, Berita Harian and locations (e.g. Orchard Road, Raffles Place, etc.) and more Tamil Murasu, remain the staple for the Malay-speaking than 450 plasma and LCD screens in shopping centres, and Tamil-speaking communities respectively.
    [Show full text]
  • CATS Classified Rate Card
    Advertisement Rates Hotline: 1800-289-9988 CATS Classied Rates Publications Run-on Semi-display Display* Obituaries** Greetings Rate Per Line Rate Per Col Cm Rate Per Col Cm (Minimum 5cm x 2col) (Minimum 3 Lines) (Minimum 3cm x 1col) (Minimum 3cm x 1col; 4cm for multiple col) Mon – Wed : S$40.00 The Straits Times S$11.00 Mon – Wed : S$33.00 S$43.00 – S$12.00^ Thur – Sat : S$35.00 Thur – Sat : S$43.00 The Sunday Times S$11.00 S$35.00 S$43.00 S$43.00 – Lianhe Zaobao S$7.60 S$21.63 S$25.06 S$25.06 S$21.59 Mon – Wed : S$12.76 Mon – Wed : S$12.76 Mon – Wed : S$12.76 Lianhe Wanbao S$5.50 Thur – Sun : S$14.20 Thur – Sun : S$14.20 S$14.20 Thur – Sun : S$14.20 Shin Min Daily News S$5.00 Mon – Wed : S$10.56 Mon – Wed : S$10.56 S$12.46 Mon – Wed : S$10.56 Thur – Sun : S$12.46 Thur – Sun : S$12.46 Thur – Sun : S$12.46 Berita Harian S$4.00 S$7.61 S$11.71 S$11.71 – Berita Minggu S$4.00 S$9.20 S$12.08 S$12.08 – The New Paper – – S$8.40 – – ^ For direct advertisers: Advertisements booked on Fridays for publication on Saturdays will be charged at $12 per line. For advertising agencies: Advertisements booked on Wednesdays after 12 noon for publication on Saturdays will be charged at $12 per line.
    [Show full text]
  • ST701 FACT SHEET 7 Days a Week, Search at the 01 Place That Matters
    ST701 FACT SHEET 7 days a week, search at the 01 place that matters The power of ST701 ST 701 is CATS Classified’s new e-market place that will go “live” on March 24, 2006. By establishing an online presence, CATS Classified’s enhances its position as the market leader in classified advertising. This website carries the initials of The Straits Times, Singapore Press Holdings’ flagship newspaper and Singapore’s national English broadsheet. It shares the same values as the print product – a trusted, credible, convenient and reliable source of information used by people from all walks of life. The numbers 701 convey what the user will experience: Buy it, sell it, find it, seven days a week at the one place that matters. It does not matter if you are a night owl or a morning lark, because there are no more “opening hours” to worry about. ST701 will offer jobs for a start, followed by other classifications like property, vehicles and personal needs. Jobs at ST701 This website is set to break new ground in the way job hirers find candidates and job seekers seek employment. Like the bright-eyed cat in the CATS Classified logo, ST701 will be an ally for anyone on either side of the job market. This is the ideal online platform for job hirers as it is a product extension of CATS Recruit in print. For job seekers, this is an effective portal as there are plenty of fresh and genuine job postings to search from. Job Matching Technology What makes ST701 stand out is its Job Matching Engine.
    [Show full text]
  • Sph Ink Awards 2007
    SPH INK AWARDS 2007 Full Results (by Category) Categories A) Print Individual Ad – English B) Print Individual Ad – Chinese C) Print Ad Campaign – English D) Print Ad Campaign – Chinese E) Press Advertising Creative Buy F) Print Classified Ad G) Best of Craft H) Readers’ Choice I) Grand Prix A) PRINT INDIVIDUAL AD - ENGLISH Banking / Finance / Insurance FINALIST Agency JWT Singapore Client HSBC Title Soccer Room Creative Directors Ali Shabaz, Tay Guan Hin Art Director Tan Leong Lee Copywriters Mahesan M., Andrew McKechnie Publication The Straits Times Fashion / Cosmetics / Beauty / Retail FINALIST Agency DDB Worldwide Client Robinsons Title Cirque de Noel Ladies Accessories Retail Ad Creative Director Terrence Tan Art Directors Terrence Tan, Michelle Lin Copywriter Priti Kapur Publication The Straits Times FINALIST Agency DDB Worldwide Client Robinsons Title Porcelain Creative Director Terrence Tan Art Director Karen Muck Copywriter Keith Kwek Publication The Straits Times BRONZE Agency WORK Client TANGS Title TANGS Christmas Launch 2006 Creative Director Theseus Chan Art Director Sharon Goh Copywriter Mervyn Chan Publication The Straits Times Page 1 SPH INK AWARDS 2007 Full Results (by Category) BRONZE Agency DDB Worldwide Client Robinsons Title Cirque de Noel Fashion Ad Creative Director Terrence Tan Art Directors Terrence Tan, Karen Muck, Kiah Lim Copywriter Priti Kapur Publication The Straits Times BRONZE Agency DDB Worldwide Client Robinsons Title Shakespeare Creative Director Terrence Tan Art Director Kiah Lim Copywriter Keith Kwek
    [Show full text]
  • The Straits Times
    Source: The Sunday Times © Singapore Press Holdings Limited. Reproduced with permission. home 15 April 7, 2013 thesundaytimes Obituaries Precious last years devoted to family celebrate Mr Roy Koh lived only 38 years, but he showered his family with enough love to last them a lifetime. Even when battling terminal cancer, the former lo- gistics manager never failed to greet his children with lives of a hug and smile. In his final days, he was writing letters and prepar- ing gifts for his daughter Shannon, six, and son Joel, four, to be passed to them on their future birthdays. It was in 2008 that he noticed a growth on his loved ones thigh. The tumour was removed, but he was then told he had final stage liposarcoma, a rare cancer that de- velops from fat cells. It was devastating news, especially since his wife, Lien Foundation campaign aims to Madam Ann Lee, was expecting their second child at alter views on death with tributes the time. Despite being ill, he cooked for his family, woke carrying fun facts, photos of dead up at night to feed the baby and constantly assured his wife that all would be well. Madam Lee said: “Roy was a loving husband and Theresa Tan father. Everything he did, he did for us.” He died in August 2011. The Lien Foundation wants to change the way people In his ad, which will appear on April 21, the big view newspaper advertisements about death. heart encircling his picture indicates his love for his It thinks obituaries and death anniversary adver- family and theirs for him.
    [Show full text]
  • Significant Events
    significant events The Straits Times’ iPad and iPhone apps The Business Times Weekend iPad app September 2011 - The Straits Times launched its new October 2011 - The Business Times Weekend launched All-in-One pricing packages for its print, online, iPad and its iPad app on 1 October to mark the business daily’s iPhone offerings on 8 September, with a free trial debuting 35th anniversary which comes with a PDF format of the on 1 August. A total of 1.3 million downloads was received BT Weekend print edition. in the first month and it currently has more than 800,000 active users. Inaugural tabla! Community Champion Award October 2011 - tabla! celebrated its third anniversary Largest food fair in Singapore on show with the launch of the tabla! Community Champion Award, September 2011 - Singapore hosted the World Food Fair presented to a member of the Indian community who has 2011 which showcased a comprehensive and scrumptious done distinguished work with the less fortunate in Singapore. spread of local, Asian and International favourites such President of the Dyslexia Association of Singapore (DAS), as Korean coffee and fruity rice wine. The four-day event Dr Jimmy S. Daruwalla, was the inaugural winner. attracted over 250,000 visitors. Launch of Chinese edition of “Lee Kuan Yew: Hard Truths to keep Singapore going” September 2011 - The Chinese edition of “Lee Kuan Yew: Hard Truths to keep Singapore going” was launched by Mr Lee on his 88th birthday, on 16 September. The Chinese version of the book caters to the needs of older Singaporeans and non- Singaporean Chinese from China, Taiwan and Hong Kong.
    [Show full text]
  • Chairman's Statement
    CHAIRMAn’S STATEMENT SPH has turned in a creditable performance for the full financial year 2012/2013 with a net profit of $431 million 12 Singapore Press Holdings Annual Report 2013 The past financial year was a challenging one, with multiple The total daily average circulation copies of The Straits Times global events impacting the world economy. Singapore’s and The Sunday Times registered year-on-year growth of economy suffered from the adverse developments in Europe 15.3 per cent to 449,200, as its digital offerings found and the US, as well as the slowing growth in China. SPH’s increasing relevance with readers. Lianhe Zaobao also achieved performance which usually reflects the national economy was year-on-year increase of 2.3 per cent to 172,500 total daily also affected, especially in our first two quarters beginning average circulation copies while The Business Times saw robust September 2012. growth of 15.9 per cent vis-à-vis the previous financial year to 42,200 total daily average circulation copies. Despite these trying circumstances, SPH has turned in a creditable performance for the full financial year 2012/2013 Our Malay and Indian papers, Berita Harian, Berita Minggu, with a net profit of$ 431 million. Tamil Murasu and tabla!, remained well-supported by their communities. Group recurring earnings of $369.3 million fell by $59.5 million (13.9 per cent), mainly attributable to lower We are still adding new publications to our suite of newspapers. contribution from the Newspaper and Magazine business. Thumbs Up Little Junior, a Chinese publication for pre-school children, made its debut in August this year.
    [Show full text]
  • Newspaper – Classified
    NEWSPAPER – CLASSIFIED CATS Classified offers the most comprehensive and interesting marketplace in Singapore to find, buy and sell products and services. Our ongoing commitment to product and service innovation drives us to constantly seek ways to give our customers added value and benefits. 17 The three main products are: • Main Classified sections in The Straits Times, The Sunday Times and Lianhe Zaobao, Lianhe Wanbao, Shin Min Daily News, Berita Harian, Berita Minggu, The New Paper and Tamil Murasu. We offer advertisers and readers more than 300 Classifications which include Properties, Vehicles, Travel and Education. • CATS Recruit, which offers the freshest and most comprehensive career opportunities available in the market, covering job openings from executive appointments and professional positions to part-time, temporary and miscellanous vacancies. • Notices and Obituaries. The Notices pages are the platform for a wide variety of announcements including financial results, IPO advertisements, calls for tender and Government notices. The Obituaries pages are not only for death announcements and condolences, but also for eulogies, in either standard or creative designs, in black and white as well as full colour. 18 EVENTS CATS Classified organises events that give its regular in-paper advertisers the opportunity to connect face-to-face with their prospective customers. Advertisers interested in these events can buy an advertising and booth-space package to showcase their brands and products to their customers and other members of the public whom CATS Classified attracts to these events through stage activities, contests, talks, lucky draws and more. Visitors keen on specific products and services are also naturally drawn by the large number of advertisers from the same or related industries gathered under one roof.
    [Show full text]